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Targa Resources Corp (TRGP) |
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Price: $90.1600
$-0.29 
-0.321%
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| Day's High:
| $91.435
| Week Perf:
| 2.49 %
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| Day's Low: |
$ 90.00 |
30 Day Perf: |
7.14 % |
| Volume (M): |
1,288 |
52 Wk High: |
$ 91.44 |
| Volume (M$): |
$ 116,144 |
52 Wk Avg: |
$77.65 |
| Open: |
$90.16 |
52 Wk Low: |
$64.85 |
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| Market Capitalization (Millions $) |
20,295 |
| Shares
Outstanding (Millions) |
225 |
| Employees |
2,430 |
| Revenues (TTM) (Millions $) |
16,376 |
| Net Income (TTM) (Millions $) |
1,618 |
| Cash Flow (TTM) (Millions $) |
-53 |
| Capital Exp. (TTM) (Millions $) |
2,184 |
Targa Resources Corp
Targa Resources Corp is a leading provider of natural gas, natural gas liquids (NGLs), crude oil, and refined products transportation, storage, and terminals services. The company operates through two segments: Gathering and Processing and Logistics and Marketing.
The Gathering and Processing segment is focused on gathering, compressing, treating, processing, storing, and selling natural gas and NGLs produced from shale and other unconventional oil and gas formations. Targa owns and operates a network of gathering pipelines, treating facilities, and processing plants located in key energy producing regions throughout the United States.
The Logistics and Marketing segment includes a wide range of midstream services, including transportation, storage, fractionation, and terminaling of NGLs, crude oil, and refined products. Targa owns and operates a significant amount of transportation and terminaling assets including pipelines, trucking fleets, marine transportation vessels, and storage tanks.
Targa Resources is also involved in the marketing and trading of energy commodities. Through its trading group, the company is involved in the purchase and sale of natural gas, NGLs, crude oil, and other refined products.
The company has a strong focus on sustainability and environmental protection and has implemented various initiatives to reduce its carbon footprint. Targa is also committed to ensuring the safety of its employees, contractors, and the communities in which it operates.
Targa Resources Corp is headquartered in Houston, Texas, and employs approximately 2,500 people. As of 2021, the company had a market capitalization of approximately $6 billion and operates in over 100 locations across the United States.
Company Address: 811 Louisiana Street Houston 77002 TX
Company Phone Number: 584-1000 Stock Exchange / Ticker: NYSE TRGP
| TRGP is expected to report next financial results on February 21, 2024. |
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Customers Net Income fell by |
TRGP's Customers Net Profit Margin fell to |
-44.03 % |
12.62 %
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| Stock Performances by Major Competitors |
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Opal Fuels Inc
Opal Fuels Inc: A Bullish Outlook Amidst Improved Financial Performance
Opal Fuels Inc, a leading natural gas utilities company, has surprised many with its impressive financial performance in the third quarter of 2023. Despite the challenges faced by the Natural Gas Utilities sector, Opal Fuels Inc managed to achieve substantial growth in revenue and minimize losses.
In the financial third quarter of 2023, Opal Fuels Inc reported a loss of only $-0.01 per share compared to $-0.06 in the same period the previous year. This represents a significant improvement in financial performance. Additionally, the company's Income per Share fell from $0.66 per share in the preceding reporting period, yet the impact was mitigated by the reduced losses.
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Ugi Corp
The stock market has always been a realm of uncertainty and unpredictability. It is a world where fortunes can be made or lost in the blink of an eye. However, amidst all the volatility, there are moments of stability, where companies show resilience and adaptability in the face of challenges.
One such company that has displayed commendable strength is UGI Corporation. In the July to September 30, 2023 interval, the company faced a 41.76% drop in earnings per share compared to the previous year. However, despite this setback, UGI Corporation managed to turn its earnings per share positive, bouncing back from a negative $3.76 per share from the previous reporting period. This showcases the company's ability to overcome obstacles and make a remarkable recovery.
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Kinetik Holdings Inc
In a challenging economic climate, where many companies in the Natural Gas Utilities industries are struggling with declining orders and diminishing revenue, Kinetik Holdings Inc. stands out as a beacon of success. Despite facing a significant income reduction of -79.81% in the most recent fiscal period compared to the previous year, the company managed to achieve a revenue advance of 1.424%. This accomplishment is commendable amidst the industry-wide struggles.
During the third quarter of 2023, Kinetik Holdings Inc. thrived while its competitors faltered. The company reported revenue of $330.30 million and earnings per share (EPS) of $0.21. These impressive figures illustrate Kinetik's ability to navigate the turbulent market conditions and emerge with positive results.
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New Jersey Resources Corporation
New Jersey Resources Corporation Reports Fiscal 2023 Results with Consolidated Net Income of $264.7 Million
WALL, N.J. - New Jersey Resources Corporation (NYSE: NJR) announced its financial results for the fourth quarter and fiscal year ended 2023, with highlights including a consolidated net income of $264.7 million for the year, compared to $274.9 million in fiscal 2022. The company also reported consolidated net financial earnings (NFE) of $261.8 million, or $2.70 per share, in fiscal 2023, compared to NFE of $240.3 million, or $2.50 per share, in the previous year. Additionally, New Jersey Resources Corporation announced an increased dividend for fiscal 2024.
In the July to September 2023 quarter, New Jersey Resources Corporation experienced a drop in net profit per share of -34% to $0.37, compared to $0.57 in the same period the previous year. However, income per share significantly increased by 1765.21% from $0.02 in the previous quarter. The company's revenue saw a sharp decline of -56.717% to $331.33 million, compared to $765.49 million in the corresponding quarter a year ago. Sequentially, revenue improved by 25.466% from $264.08 million.
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Spire Inc
Financial News Report:
Depleting Business Leads to Diminishing Returns for Spire Inc in Q3 2023
Spire Inc, a Natural Gas Utilities company, experienced a decrease in revenue and saw diminishing returns in the July to September 30, 2023 interval. The company's revenue diminished by -1.209% to $310.40 million compared to the same quarter in the previous year where it achieved $418.50 million. This decline in revenue was accompanied by a drop in the shortfall per share from $-0.21 per share to $-0.66 per share, indicating a challenging quarter for Spire Inc.
Furthermore, comparing the company's performance to the prior quarter, the shortfall per share surged from $-0.48 per share, reflecting an increase in losses. The revenue also fell significantly by -25.83% from $418.50 million to $310.40 million. These numbers portray a tough quarter for Spire Inc, with the company struggling to maintain profitability and generate sufficient revenue.
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| Per Share |
Current |
| Earnings (TTM) |
3.84 $ |
| Revenues (TTM) |
72.75 $
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| Cash Flow (TTM) |
- |
| Cash |
0.62 $
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| Book Value |
19.45 $
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
3.84 $
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| Revenues (TTM) |
72.75 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.62 $
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| Book Value |
19.45 $ |
| Dividend (TTM) |
0 $ |
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